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3 Keys For Planning A Successful Negotiation

Category : Negotiation

We all negotiate – whether in the workplace, at home or in volunteer activities. We do because we all have needs and sometimes these needs conflict with the needs of others (e.g. “I need a low price and the supplier wants the highest possible price”).

For negotiation to happen, however, there must be common needs (”We are in conflict over the price but we both want to make this deal”); equally, we both must be willing to exchange or give something up to get those needs fulfilled. Negotiation, properly speaking, is a process defined, according to the dictionary as “settling by bargaining.”

There are 3 important stages to plan for in Negotiation. The opening, the middle and the close.

In the opening you want to set a positive climate and let the other know what you want.

In the middle, you want to listen and ask a lot of questions that will help you know what the other wants and why.

And in the close you want make a deal that helps exchange what each of you will do for each other, create a Win/Win if possible.

Like any process, to make it work for us we need to understand the stages of the process and how to address those stages to meet our interests. In negotiation, “lack of preparation is perhaps our most serious handicap.” (Fisher and Ertel, 1995).

Always ask for more to get more. This has been shown to be a negotiation truism.

Effective negotiators aim high as they determine their opening position. “In negotiation, success-oriented people will tend to set their targets higher and be more optimistic of their chances for success.” (Karass, 1970).

Effective negotiators establish a target range of acceptable offers. They establish clear desired objectives as well as a minimum negotiation limit and a “walk-away” position.

Asking questions to understand the other’s needs and to open up the meeting to possible alternatives is very important. What else can each side do to help reach agreement? This is the middle stage where exploring underlying needs and showing understanding for each others position helps foster good will.

Excellent negotiators gather as much information as they can about the other party. They estimate the other party’s needs, opening position, currencies they might be able to offer, alternatives and situation as much as possible. (Berlew, Moore and Harrison, 1984)

Lastly, in your plan you want to think about what you are willing to give to get in the closing stage. How will what you are offering be of interet to the other. This is where you make your deal. And the agreement must be understood completely by each side to avoid conflicts later.

Proper planning will help you win every time.

Alan Vengel is a consultant in management training and organizational development and author of The Influence Edge – How to Persuade Others to Help You Achieve Your Goals. He offers cutting edge training and skill building workshops on influence and negotiation.
alan@vengelconsulting.comhttp://www.vengelconsulting.com.

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7 Tips for Getting What You Want in a Negotiation

Category : Negotiation

We call asking for what you want in a negotiation stating a position. Positions define the issues and problem to be negotiated. Positioning sets the frame for the entire negotiation, so how you introduce your opening position will impact your desired outcome.

Your position also represents your ideal out come, and if the other side could just do what you’re asking for all would be fine! However, you will have to assume that the other side will be unwilling to give you exactly what you’re asking for, because they simply can not or will not.

So, opening positions are just a point to start from and you must be prepared to negotiate from that point on, creating options and alternative suggestions as the talks unfold.

During the Positioning Stage of the negotiation is where conflict points will emerge. Be prepared to manage these points.

The biggest problem that people make in positioning is not clearly asking for what they really want ideally.

The position is your ideal outcome, you may or may not get it met exactly, but you must state it as exactly as you want it.

“I want to have a price point of $32 and delivery of March 1st”

The negotiation will move from there. What can the other side do? What is their position? How far are you apart?

It is important in the planning process to be very clear on your position, critical needs, and your settlement range. Determine your opening position by moving a comfortable distance from your desired settlement.

Here are your 7 tips for asking for what you want:

1. Consider the other party’s reaction. If you ask for too much they may feel you’re trying to take advantage of them,

2. Prepare several alternatives. Even through you’re asking for something specific they may not be able to give it to you, so be prepared with alternatives. What else would you accept?

3. Keep it simple. Over-complication just brings confusion and doubt.

4. Be consistent. If you keep changing what your asking for the other side begins to think you’re not serious.

5. Be creative and expansive. The best deals happen when you come up with creative solutions where it’s a Win / Win.

6 Try not to base your opening position on the other party’s. If you know what a good deal looks like for you, you’ll know when to stop talking and take it.

7. Stick close to your position, especially during a tough negotiation. Don’t make the mistake of giving up something too quickly, you’ll just end up with less.

TIP: Give yourself and your position legitimacy by using documentation that is supportive. This often has great influence whether deserved or not.

Alan Vengel is a consultant in management training and organizational development and author of The Influence Edge – How to Persuade Others to Help You Achieve Your Goals. He offers cutting edge training and skill building workshops on influence and negotiation.
alan@vengelconsulting.comhttp://www.vengelconsulting.com.

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Lead Your Team to Victory: The Do’s and Don’ts of Effective Group Influence

Category : Negotiation

Much of our work today depends on our ability to influence groups of people we lead or work with on projects. Groups are made up of many personalities, mindsets, motives, and agendas – some explicit and others hidden – so having a specific strategy for influencing teams can mean the difference between success and failure.

To successfully lead a group or team, consider the following do’s and don’ts. These tips will help you to be an effective influencer and to prepare for the unique challenges you’re likely to experience when you seek to influence teams and groups.

DO’S
Do mentally separate the group. Knowledge beforehand is essential to efficient planning, and in order to influence the individuals in the group, you must target each of them before the meeting takes place. Think of the group as a collection of individuals, each of them having opinions and issues that you must seek to understand in order to influence them. Put yourself in each team member’s shoes and make some assumptions about what their main concerns might be so that you can create a strategy for those individuals you will need to influence. For example, looking at individuals on a work team, you might think:
If I were ___, what would I be most concerned about?
What would be ___’s response to my efforts to influence the group?
If I were ___, how would I respond to “me”?
What does ___ feel he or she has to gain and lose?

Do form a common ground coalition. Again, before the group meets, contact those whom you’ve identified as key stakeholders and listen to their concerns. Check out the assumptions you’ve made. Ask questions to find out stakeholders’ main concerns, how each views the issues, and where you might experience resistance.

Consider some disclosure of your own as you feel it’s appropriate, such as similar situations you may have been in or ways that you feel you can identify with a key member’s position.

When you have established a rapport with these key people, you establish your approach and will be prepared to capitalize on common ground issues when the full group meets. You can open the meeting by saying something like, “I know that none of us in this room really are welcoming change right now. All of us have something to lose in this proposition, but we all have something to gain. I believe we can work together to make that gain something that outweighs the loss.”

Do make desired results clear. From the group’s first meeting, let them know what you expect the team to accomplish. Create a vision for the group by presenting a clear picture of future success; this can play a key role in your ability to influence them. For example, you might say, “What I can see us doing today is coming up with a strategy that all of us can buy into and accomplish.” Or “I can see us looking back at this meeting a year from now and saying that it was then that we really turned things around.”

Do provide rationale for your ideas. Supporting your contentions with facts shows that you have done your “homework” and provides a good balance to your vision. Remember, people may be convinced by rational reasoning, but they will be more likely to be moved to action when you supplement rationality with emotion-based arguments.
Do ask open-ended, focused questions. Your goal should be inclusiveness and rapport-building with everyone in the group. Without being passive or giving a lot of ground, ask how, what, where, and why questions that drill down, focusing on one particular issue or statement. For example:
“How do you suggest we proceed with an initiative like this?”
“What are some ways you think we could move more quickly on these issues?”
“Can you tell me more about your concerns?”
“What do you think we ought to do, ___?”
“Who do you think we need get on board to make this happen?”

Do create a “brainstorming” atmosphere. Let the group know that they will need to create and explore many options and that you are open to hearing their ideas. Motivate the group by establishing ground rules for brainstorming and for how the group will listen to each other in order to promote open thinking.
Do vote when appropriate. Votes should be private because when individuals must publicly take a stand, they’ll naturally feel more defensive. Always vote only when there are a number of options on the table. Before the vote, keep people open and thinking about possibilities, rather than just giving them two choices: this or that. Otherwise, they will select that and have a tendency to defend their choice, even if they don’t wholeheartedly believe in it.

DON’TS
Don’t allow people to take a fixed position. To avoid defensiveness, encourage openness and collaboration right at the beginning. If people take a position too early, they will have the tendency to dig in and defend it. Suggest putting several options on a flip chart and then narrowing those down to a Top Three before voting. If you do your homework, you will remain unsurprised by team members who will come into the meeting with fixed positions in mind that they will try to push through. You can best deal with this when it happens by saying, “I know some people have a strong idea about how we should do this. I’ll put that option up on the board. I also want to get a couple of other options up here, too, so what are some other possibilities?”

Don’t put people into like-minded discussion groups. To encourage a diversity of opinions, group people as much as possible who have contrasting views. That way, rather than reinforcing each other’s positions, groups will explore new territory and create new material through the interplay of their ideas. Blend the groups so that they debate one another, and you’ll eliminate “groupthink” reinforcing itself.

Don’t let objections sabotage the team. When a team member presents an objection, it need not sink the ship; rather, look at objections as signals of an opportunity for you to obtain information that will allow you to influence the group. Probe more deeply into objections and empathize with team members who raise them, really listening to what they have to say about why they disagree. Then take some time to mull over the information before you attempt to overcome the objection. Don’t come up with an answer too quickly or the objector will feel you didn’t really listen or are giving a prepared answer.

Go Team! Influencing Your Way to Success

Great communication skills are essential for you to effectively influence teams and groups. You can’t lead a group well if you go into the meeting “cold.” You must do your homework in advance – communicating individually with key stakeholders – so that you can understand their concerns and move the team in the direction you want it to go. When you’re prepared, yet remain flexible, your influence will also extend to those in the group who might tend to dig in behind a predetermined position to defend it. Practicing and refining your team influencing strategy will lead to success for your group, its project, and you!

Alan Vengel is a consultant in management training and organizational development and
author of The Influence Edge – How to Persuade Others to Help You Achieve Your Goals. He offers
cutting edge training and skill building workshops on influence and negotiation.
http://www.vengelconsulting.com.

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Stop Arguing – How to Disagree Without Having an Argument

Category : Negotiation

Before I share with you how to disagree without having an argument, I want to ask you a question. Are you a peacemaker or a peace breaker?

In case you are wondering, being a peacemaker does not mean that you let people walk all over you, and it does not mean that you never offer your opinion or say how you feel about something. It simply means that you find a peaceable solution.

It really is possible to disagree without having an argument, here are some keys to help you avoid arguments and keep the peace.

Disagree respectfully. People handle disagreements better when you don’t make them feel as if their opinion is ridiculous or doesn’t matter.

Disagree wisely. If you are going to disagree with someone, you need to do it wisely. Think through how you will disagree before you open your mouth. The key to peace in disagreement is how you express your opinion.

Do not try to change the other person’s opinion. Be careful that you do not move into manipulation and try to get the other person to agree with you. You do not have to try and change their opinion, simply state your own.

Allow people to have a different opinion to yours. Say what you think and leave it at that. It is important that you allow people to have their own opinions. Give people the freedom to be who they are and think what they think.

Search for a compromise. Consider that your opinion might be no more right than theirs and aim to find a solution that you are both reasonably happy with.

Give up your right to be right. Sometimes you need to allow someone to go ahead and do something their way even when you strongly disagree. When you can do that and keep a good attitude, you will have less conflict.

Given time you will develop your own ways of disagreeing without arguing. The first step is being aware of the value of learning how to disagree without arguing. The key to a peaceful outcome is to respect other people enough to allow them the freedom to disagree.

How can you be a peacemaker without letting people walk all over you? Find ways of respecting other people’s opinion without feeling that you need to change your own. When you allow other people the freedom to be themselves and show more respect for their opinions you will find that you can disagree without having an argument.

If you would need to Deal With Anger, just click this link to a coaching guide that will help you develop strategies to defuse anger and hostility.

You will find more coaching articles at http://www.christianlifecoaching.co.uk